Will new FM support global effort for 'billionaire tax': Congress asks ahead of swearing-in
India's new finance minister support the global effort for a "billionaire tax" and will the prime minister stand with the common people or billionaires, the Congress asked on Sunday, ahead of the swearing-in ceremony of a new government. Prime Minister-designate Narendra Modi will on Sunday take oath for a third consecutive term as prime minister, along with members of his council.
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Congress leader Jairam Ramesh took a swipe at the BJP-led government and asked if it has taken «too many tempos of black money» to take such a progressive step.
«This year, the one-third Pradhan Mantri has a chance to show whether it stands with the common people, or with billionaires. At the G20 in Brazil, a proposal to set a Global Minimum Tax on billionaires will be discussed, backed by finance ministers of Brazil, France, Spain, South Africa, and Germany,» the Congress general secretary said in a post on X.
«Will India's next finance minister support the global effort for a 'billionaire tax'? Or have they taken too many tempos of black money to take any such progressive step?» he asked.
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